Gary_Fullett joined. BBob who's her idol ory joined. DaveM i don't know....she just laughs alot DaveM maybe simon... DaveM hey gary ory Hi Gary,,I, here for a bit BBob hmmm.. wife gets all bent out of shape over TV idol and all Dave can do is sit in front of puter rhonda joined. DaveM sad state of affairs...:( DaveM maken her money Gary_Fullett good evening BBob all I can say is.. its the warmest spot in the northeast right here inside DaveM yes DaveM below 0 tongight BBob man, this is brutal DaveM three dog... ory Hi Gary biwi joined. Nick damn it was cold today, they had the air conditioner in the office set wrong ory Here to DaveM curl up to your favoite stocks to keep you warm...lol biwi hi everyone BBob yeah dave KSS all the way!.. lol Kelley joined. DaveM nice looking Gary_Fullett lol Gary_Fullett 30 here nik DaveM so have you determined that it was a spring bob Gary_Fullett nick DaveM coming our way...gary Nick 90 here Kelley good evening Folks BBob well sure.. it's both..lol Art joined. DaveM should be in 30's for weekend in NY BBob whatever you want it to be.. Art good evening DaveM hi kelly DaveM art Kelley hi Dave DaveM hey bob...next show on now.... Kelley hi Art ory Hi kelley BBob got to learn to put my stocks more on the weekly/monthly DaveM "Are you smarter than a 5th grader?" Kelley hi Ory DaveM foxworhty mc's it JohnF Evening guys Art hi Dave and Kelley BBob no I'm about 8th grade education Kelley not sure Dave, I think I might be DaveM sounds like you and i might DaveM stand a chance on this one DaveM lol Art hi John DaveM hey there's some pretty tough questions on that show... DaveM lol Kelley lol Joe_Kl mornen DaveM ya bob...5th grade is beneath us huh...:) BBob if only we could narrow the information down to one 2gb usb.. I might be able to handle it all DaveM literally Gary_Fullett may be 50 here sson Gary_Fullett hey joe BBob 40 they say on saturday.. yippee DaveM hi joe Kelley hi Joe Art hi Joe Joe_Kl Gary Cubs got Soreano Joe_Kl Hi guys DaveM yep...sun bathing time here... biwi hi Gary_Fullett lol joe so lol DaveM joe...good move coming out this weekend...need to check out Joe_Kl Lee DaveM 300 Joe_Kl too H joined. Joe_Kl Rameraz Kelley hi biwi Joe_Kl dang H hi guys biwi hi kelly Joe_Kl Cubs built too win Joe_Kl :( H biwi....habs losing 6-1 biwi lol H they are toast Kelley hey Hammer Joe_Kl lol kent joined. H hey kellet biwi h for handles? H kelley H yeah man Kelley hi Kent H too tired to type biwi lol kent hey Kelley H lol biwi thye suck H shhhh H but yes H my tickets are worthless now Art hi Kent , H , biwi H hi art kent Hey handles kent Hi Art biwi hey art H kent biwi ::unsure habs DaveM hi kent kent hey Dave DaveM how many sides on a rhombus bob? warren joined. DaveM common...quick BBob dave, does zumz look like weekly absorption? BBob 21 Joe_Kl H handles ? DaveM hey answer the ? for 25 grand Kelley hi Warren DaveM lol Nick Dave, I posted the wave chart on Joe's site H hi joe DaveM my 10 yr old daughter just got it... Joe_Kl Did I tell ya upset over Airforce and to hit it warren hi kelley and everyone Joe_Kl :) DaveM i saw it nick DaveM thanks biwi hi DaveM SOW!! baby Joe_Kl Guys we'll kick off in about 5 min DaveM need to confirm with LPSY baby and we're off kent hey biwi biwi hi kent kent hi warren Gary_Fullett most wyckoff isnt classical Art hi warren Gary_Fullett so please dont always look for it BBob are those wave charts always right? Gary_Fullett but the prnciipels biwi h todays the reason i spend a month in Barbados its so damn cold Nick they are similar in use to P&F warren hey kent, Art kent lol biwi Nick the one I posted is a 10 point reversal kent hi Nick H lol ory are classsical,,,,yes Gary biwi froze my butt off today with the wind H its bad man Nick each wave continues until there is at least a 10 point reversal biwi by the way biwi is the barbados currency BBob how do you get the volume showing up like that? DaveM biwi is a mean man...just cruel... DaveM :) Nick it shows the power of the move ory I,m still loooking for agood P n P site biwi ::sad biwi lol DaveM stockcharts ory? Kelley p n F ? DaveM good pnf's DaveM for free to... ory Thanks Dave M Nick it is the accumulated volume for the entire move spread over the length of the move swetz joined. DaveM shhhh steve's here Art hi swetz Kelley good evening lil brother swetz lol H swetzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz ory Kelley, that is Point and figure swetz howdy Dave ::ninja Kelley y swetz howdy Art ::ninja rhonda Evening all ::smile DaveM hey bro swetz howdy big bro ::ninja biwi hi rhonda DaveM lol biwi hi swetz swetz howdy hhhhhh ::ninja rhonda Hi stan..Welcome!! Kelley hi Rhonda, ty for transcript rhonda yw Kelley!! swetz howdy biwi and rhonda ! ! ! !! ! ! ! ! DaveM gary biwi ::beer warren hi rhonda, swetz kent Rhonda !!! rhonda I loved the correlation chat today is very good DaveM checked out sydney DaveM blog ory now i should let Gary take the show DaveM nice story stan hello,thanks kent sssssssssssssssssssswwwwwwwwwwwwwwwwwwweeeeeeeeeeeeeeeeeettttttttttttttttttttttttttzzzzzzzzzzzzzzzzzzzzz :) rhonda Hiya Kent!!! swetz kkkkkkkkkkkkkkkkkkkkkkkkkkeeeeeeeeeeennnnnnnnnnnnnnnttttttttttttttttttttt ::ninja biwi lol kent hey stan, welcome DaveM you sure are proud parents swetz have you guys seen Gary's blog Gary_Fullett i talked on correlation eariler biwi very nice swetz under crazycubsfan.com - lol DaveM ya today he passed on URL rhonda Gary was excellent too, Thanks ory nope,,,,,, where and when ??? rhonda lol DaveM lol Nick did you say gary is a blob Joe_Kl Thanks for posting that too again Rhonda swetz lol Kelley lol kent lol Joe_Kl Good stuff rhonda yw Joe swetz Nick - AWESOME wave chart of ES swetz ! ! ! ! ! ! !!! ! Nick thnx rhonda ory here is the chat http://www.commoditytradingresource.com/cgi-bin/webbbs_config.pl rhonda Nick yes I liked that, thank you H left. ory TY rhonda H joined. rhonda yw ory ory I,ll try that sourse in the a.m, Al left. Ben joined. rhonda Hi Ben..Welcome Joe_Kl Ok I guess we can kick off H naw Gary_Fullett joe u wanted to discuss something? biwi shoot Gary_Fullett i want to talk on markest in geenrall lately Joe_Kl Yep Joe_Kl Let me know when ya want to talk, Gary now or later ory Great Gary Joe_Kl I'll go whenever ya want Joe_Kl ? Ben Hi Rhonda rhonda ok brb Gary_Fullett go now joe Gary_Fullett then i will folow swetz go joe, go joe, go joe, its your birthday ::smile Gary_Fullett i wanted to talk on stocks Gary_Fullett and markest in general Larry joined. Joe_Kl Ok ory Go Gary Gary_Fullett but joe can go first kent hey Larry swetz howdy Larry Gary_Fullett then i can discuss some observations Larry ge kent,swetz, and all ory Please,,Please H ok ladies Joe_Kl Wanted to talk on Terrain Association Joe_Kl Something we use to use a lot in Army swetz what does that mean in English? ::smile Joe_Kl Traders do as well ory wich is H dog walking info H cool Art hi Larry Joe_Kl It basically is understandingwhere you are Joe_Kl by your surroundings Joe_Kl and everyone has a different niche JohnF lol handles Joe_Kl perhaps in doing this Joe_Kl Which is fine Jerry joined. Nick left. Larry hi art Joe_Kl Whatever makes your bottom line grow the most ory Gary,perspective on the market Joe_Kl Last few days Joe_Kl We had some PnF Joe_Kl commentary Joe_Kl as well as Time Frames biwi please let joe finish ory Joe_Kl PnF is a chart ory sorry Joe_Kl a tool Joe_Kl and should be treated as such biwi no prob Joe_Kl It like anything else Joe_Kl is no cure Joe_Kl for bad trading Joe_Kl Most importantly to understand Joe_Kl Is INTENT Joe_Kl of the market Joe_Kl Suffice it to say Joe_Kl With or without a shot Joe_Kl a measure Joe_Kl A market will visit Joe_Kl Or has the cabability Joe_Kl of visiting Nick joined. Joe_Kl EVERY AREA Joe_Kl It has printed a quote on Joe_Kl Prior Joe_Kl So in knowing this Joe_Kl You become a ship Joe_Kl on a big big ocean Joe_Kl And your compas Joe_Kl Will be devised of many many things Joe_Kl The main portions of Wyckoff Joe_Kl You should understand Joe_Kl Are the Principles Joe_Kl and 4 qualities Jerry left. Joe_Kl Price Action Joe_Kl Vol Joe_Kl Sup/Res Joe_Kl Reactions Joe_Kl Too and From Joe_Kl They tell you degrees Joe_Kl and INTENT Joe_Kl Theres that word again Joe_Kl INTENT Joe_Kl Record Volume Joe_Kl In Any location Joe_Kl Should always Raise an eyebrow Joe_Kl Range expansion Joe_Kl Another issue Joe_Kl You must become systematic Joe_Kl in your organization Jerry joined. Joe_Kl How YOU READ Joe_Kl What you see Joe_Kl You may lay Ice and Creeks Joe_Kl on a Monthly Joe_Kl 1st Joe_Kl for instance Joe_Kl Establish your Bedrock Joe_Kl Your Walls Joe_Kl Your paremeters Joe_Kl Some may use a 200MA Joe_Kl The reason we use Wyckoff Joe_Kl Ice and Creek Joe_Kl Is because Joe_Kl True Demand Supply Lines Joe_Kl are Horizontal Joe_Kl So a good starting point Joe_Kl Amos likes to go Way Way out Joe_Kl And start Joe_Kl a read Joe_Kl Which is imp Joe_Kl Because as you UP the Anti Joe_Kl Your parimeter Markings Joe_Kl Get stronger Joe_Kl Why ? Alvin joined. ory Hi Gary,, whta your perspective on tonights isssues Gary_Fullett i am going to talk on stocks Gary_Fullett and whast happening now DaveM chill ory ory I wish H ory chill man ory I,m trying Kelley intent JohnF I dont understand the question joe. H joe is working hard and is an amazing wykoffer Joe_Kl As you go UP and OUT on setting parimeters Joe_Kl Why more Imp Joe_Kl ? JohnF longer term pivots are much stronger JohnF ? Kelley larger time frames give clearer picture of true intent Joe_Kl Why H its the bigger picture.....thats why so u get a clearer terrain Joe_Kl Why H hmmm H because it harder to hide it there kent harder for cm to hide his tracks ory very true kelley biwi time? Joe_Kl Law of Averages Peter hi everyone, sorry I'm late...I'll scroll back to catch up Kelley hi Peter H hi peter H yes Joe_Kl Look at it like this Larry larger time frames dominate smaller ones, i.e. big supply on monthly bigger influence on mkt direction Joe_Kl Take a Monthly Joe_Kl Creek Joe_Kl It took a long long time Joe_Kl To Build That Joe_Kl STRONGER Peter the longer the timeframe the harder to mask, so lok is more solid H right Joe_Kl BASED on more AVERAGES Joe_Kl Ok ? JohnF k. Joe_Kl Take a 5 min Creek Peter hi Kelley & Handles Kelley y ory still here Joe_Kl 1 hour Creek Joe_Kl Weekly Creek billy joined. Joe_Kl Which is stronger Joe_Kl Weekly Joe_Kl Why Kelley rection too slow Peter, 5 demerrits Peter more data H more time spent there JohnF more time was built to make that creek Joe_Kl More Trades were done behind it to Establish that Kelley :) H yes JohnF more time was spent to build that creek Joe_Kl Yes Joe_Kl So Joe_Kl Amos goes WAY WAY out Joe_Kl For a reason Larry more money moving on weekly Joe_Kl He is looking for Strength ory Why Joe_Kl Or Weakness Joe_Kl At its Highest Degree Joe_Kl or Measure Joe_Kl Understand ? Kelley y JohnF yes. Peter y biwi makes sense Joe_Kl Have you guys seen Posiden Joe_Kl Movie Joe_Kl The ship JohnF yes ory still listening Joe_Kl Gets turned H no swetz the old version Joe_Kl Upside Down Joe_Kl Ok Peter y, liked the original better :) Joe_Kl Well what did they do Joe_Kl ? Joe_Kl In either H made love in a car on the ship Joe_Kl They went for what H oh wrong movie Kelley lol kent drowned, lol biwi lol h JohnF lol handles. ory what did who do Peter the surface :) Joe_Kl They went for the weakest area Joe_Kl To get out Joe_Kl The Thinest Joe_Kl Metal Joe_Kl Near Propeller shaft JohnF Their asking about the movie posiden ory Joe_Kl 1 inch thick Joe_Kl So Joe_Kl A near term trader looks for clues in his backyard Joe_Kl Amos looks for clues starting at Mount Everest Joe_Kl And works his way down Joe_Kl Into his backyard Joe_Kl It is important JohnF tries to see if his Level of knowledge is high at any point where they can use it to their advantage Joe_Kl To understand cONTRAST Joe_Kl Because Joe_Kl Contrast will help define INTENT Joe_Kl A market that establishes a Monthly Creek or Ice level Joe_Kl Is a LANDMARK Joe_Kl When you come into this Joe_Kl Terrain Joe_Kl On the Daily Joe_Kl You WILL know this Joe_Kl by market action ory Hi Gary I miss you Joe_Kl And you will understand Joe_Kl Why Joe_Kl an Obsticle Joe_Kl Is in the way Gary_Fullett im here ory Help Joe_Kl Ory something on your mind ? JohnF ::angry Art go to sleep ory , your becomming a pain in the a$$ Joe_Kl Please speak ory cant type fast enough Lady_K joined. pat joined. Joe_Kl You obviously have something you want to say JimC joined. Joe_Kl So please do ory I havent said anthing yet Joe_Kl We know H putz Joe_Kl Wondering when you are going to Joe_Kl ?? ory but its Gary,s site H boot this moron biwi please have respect rhonda could this be a language barrior problem? Joe_Kl No idea Peter ory, Joe is teaching a class...Gary asked him to do so... if you want to talk to Gary, please do it in private Gary_Fullett im here ory not alll, but thanks Gary_Fullett but will talk after,, ory I hope so Joe_Kl Guys questions and comments are Cool by me Joe_Kl If you have one say it Joe_Kl Please Joe_Kl Dont act like a 5 year old though swetz that counts me out then ::smile ory nobody is H JEESH H enuff Joe_Kl seriously Ory Gary_Fullett go on please joe Joe_Kl What do you want ? Gary_Fullett its everyone site Joe_Kl SPEAK Gary_Fullett to learn Joe_Kl Get it out ory Im not 5 Joe_Kl Youll feel better biwi lmao JohnF poor swetz...no wonder he wasnt talking... rhonda ok ory were all cool then Joe continue Please ory I want to learn not be baggered, Please4 swetz ::tongue ::biggrin JohnF ::wacko Joe_Kl You want to learn, then chill Joe_Kl ok ? Joe_Kl We cant teach anything without organization Joe_Kl Terrain ory I mm fine , just n want to learn nto be critiexzed for everying i say Joe_Kl Whew Joe_Kl The PnF Joe_Kl counts Joe_Kl are Shots Joe_Kl to mark barrings Joe_Kl and INTENT Joe_Kl they measure CAUSE Joe_Kl The reason I dont use them myself Joe_Kl is not derogatory Joe_Kl I use TIME Joe_Kl in my trading Joe_Kl with Price Joe_Kl So I cant mix Joe_Kl and not use Time Joe_Kl Thats just for Me Joe_Kl You guys should use it Joe_Kl If it helps Joe_Kl You Joe_Kl And its classically Joe_Kl correct Joe_Kl to do so Joe_Kl BUT Joe_Kl Rem this Joe_Kl Do Amos the honnor Joe_Kl of doing some work Joe_Kl For yourself Joe_Kl too billy left. Joe_Kl He isnt going to show you 30 years of PnF construction Joe_Kl That takes Years Joe_Kl And Experience Joe_Kl You have to do like Greg does Joe_Kl Build em Joe_Kl from scratch Joe_Kl and find out which counts Joe_Kl work best Joe_Kl Which measure Joe_Kl point Joe_Kl wize Joe_Kl If your not doing this Joe_Kl Your just fooling yourself Joe_Kl and dishonoring Amos Joe_Kl Every tool you use Joe_Kl YOU MUST KNOW Joe_Kl HOW IT WORKS Joe_Kl Or its useless Joe_Kl Its like a baby with a shotgun Joe_Kl He cant pull the trigger Joe_Kl but has it Joe_Kl Ok Joe_Kl What I think Joe_Kl is imp Joe_Kl Is understanding Joe_Kl What you can Joe_Kl Systematically Joe_Kl Dont tackle Joe_Kl Too much Joe_Kl at first BBob 5th graders can kill Joe_Kl I want to learn Wyckoff Principles, PnF, and Wave sequence this week Joe_Kl Nope Joe_Kl Aint gonna happen H good luck lol Joe_Kl You must get organized Joe_Kl First take on 1 thing Joe_Kl I use to take a term a week Joe_Kl Walk with a term Joe_Kl Until you know that TERM Joe_Kl Once you know the vocab Joe_Kl and Principles Joe_Kl 3 Laws Joe_Kl Go for Wave Joe_Kl Sequence Joe_Kl The Principles Joe_Kl are the Bedrock Joe_Kl They are the Foundation Joe_Kl That Wyckoff Methodology Rests on Joe_Kl Thats why it is strong Joe_Kl You cant argue it Joe_Kl The Principles Joe_Kl Wyckoff was a very picky fellow Joe_Kl He doubted EVERY new TRICK Joe_Kl Every new Gimmick Joe_Kl He heard them all Joe_Kl Researched Joe_Kl and tossed Joe_Kl Or kept Joe_Kl and added it Joe_Kl IF only IF Joe_Kl It was valid Joe_Kl You cant argue PRICE Joe_Kl You cant ARGUE VOLUME Joe_Kl You cant ARGUE CAUSE vs EFFECT Joe_Kl EFFORT and RESULT Joe_Kl BUT most of all Joe_Kl You cant argue Supply vs Demand Joe_Kl Beyond this Backyard Joe_Kl of Terrain Association Joe_Kl You open up Joe_Kl a whole unholly Joe_Kl hosts of other things Joe_Kl And those paths you will cross and borrow from or toss yourselves Joe_Kl as you gain experience Joe_Kl Bottom Line in trading Joe_Kl Is nothing on any chart Joe_Kl or term Joe_Kl This Game is about Survival Joe_Kl PERIOD Joe_Kl and 9/10's of Survival LAW Joe_Kl is MONEY MANAGEMENT Joe_Kl You can place me in any market Joe_Kl any condition Joe_Kl And THEY will not be able to pin me on my BACK Joe_Kl EVER Joe_Kl Why ? Joe_Kl I wont allow it Joe_Kl Been there done that Joe_Kl That is YOUR concern Joe_Kl Your MONEY Joe_Kl 1st and foremost JP no back points ~ cool Joe_Kl Protect Joe_Kl Never let a market pin you Joe_Kl and soak you out Joe_Kl Never Joe_Kl Traders will hold 5 days Joe_Kl a losing position Joe_Kl and Exit Joe_Kl after first daylight Joe_Kl they see Joe_Kl Take 3 points Yell victory Gary_Fullett stocks when joe is done Joe_Kl and Hold through 10 Gary_W joined. Joe_Kl This is the mentality of the Public Joe_Kl SnP Joe_Kl Huge Break Joe_Kl Everyone now on Bandwagon Joe_Kl How many hit it short Joe_Kl and are adding Joe_Kl now Joe_Kl The Terrian Association Joe_Kl Nick posted on Joe_Kl Another picture Joe_Kl SOW Joe_Kl another Joe_Kl Breaking 1412-1417 Joe_Kl another Joe_Kl I will wrap up for now Joe_Kl Remember Joe_Kl Take 1 area of study Joe_Kl at a time Joe_Kl Slow Joe_Kl Then move on to next Kelley Sat. class? JohnF Thanks joe. Joe_Kl Yes biwi how many days would you hold losing trade? Joe_Kl Sat at 4:00pm Kelley cool Joe_Kl Biwi I wil talk more Sat Joe_Kl and next week JohnF biwi its not about DAYS...its about setting a stop..having a plan before entering the trade. Joe_Kl Would like Gary Joe_Kl to get some licks in JohnF so your risk is defined. Gary_Fullett im here biwi with a stop of course john Joe_Kl and hie early comments this afternoon Rhonda saved for you Joe_Kl Its great commentary ory So am I biwi thanks joe very interesting JohnF ok :) Joe_Kl Gary you have floor H great joe Gary_Fullett great Gary_Fullett okay Gary_Fullett what u need to understand Gary_Fullett joe is like a bull dog ory Y Y Kelley ty joe Gary_Fullett and even though he may joke Gary_Fullett he is dead serious Gary_Fullett and i repsect his market knwoledge to no end Gary_Fullett and thats a great compliment Gary_Fullett his personailty some /// welll any way lol Joe_Kl ( Had great mentor ) Gary_Fullett david is great kent lol Gary_Fullett amos is great Gary_Fullett but JohnF wow im getting sobby. Kelley lol Gary_Fullett we all have our style and niche Gary_Fullett so thats a key Gary_Fullett to ask a q Gary_Fullett like how to handle a trade Gary_Fullett everyone handles it differntlyu ory now i really lost tonights flavor Gary_Fullett so,, Gary_Fullett thats important Gary_Fullett first nay questiosn about amos last night? swetz nay = any, kent must be sleeping swetz lol Gary_Fullett okay JohnF lol sw Gary_Fullett i want to talk on stocks Gary_Fullett a bit ory ?????? Gary_Fullett and I talke don the corelatiion ory PLease do Gary_Fullett to stocks and commodties today in the dya clas and it was logged Gary_Fullett but lets disect Gary_Fullett the market a abit Gary_Fullett first what do u see? Gary_Fullett with market action Gary_Fullett not what u hope will happen Gary_Fullett what is Known ory a down trend on stocks JohnF I see weak volume on this rally Gary_Fullett down trend? Gary_Fullett i say no JP TR since nov Gary_Fullett okay good jogn Gary_Fullett tr whee JP? ory looks like the S p was curving over Gary_Fullett i want to walk u thru the thoguht process here JP nasdaq Gary_Fullett well it broke ory at what range swetz Gary - you want to talk monthly timeframe first? ory just daily Gary_Fullett well lets talk in reverse swetz Gary_Fullett dailty swetz okie dokie ::smile ory Y Y Gary_Fullett what was last tuesdy? swetz I think ory wants to talk about daily ::smile Gary_Fullett right Gary_Fullett I am discussing it JP possible sow Gary_Fullett last tuesday JP eom down Gary_Fullett was a alrge down JP with volume Gary_Fullett the volume on the NYSE was the highest ever DaveM suply day Gary_Fullett what does this say? Gary_W cob swetz lots of selling that overcame lots of buying Alvin change in behavior swetz becaue of the low close swetz definitely change of behavior swetz like Alvin said Gary_Fullett so we know supply Gary_Fullett anyone disagree? swetz and EOM down with volume like Joel said Gary_W I said it first I win the prize Gary_Fullett very well alvin Kelley n Gary_Fullett so Gary_Fullett was it a shakeout? DaveM possible shake out ...at that time swetz Gary W - you da man ::smile DaveM no i don't believe JP to early to tell Gary_Fullett why not? JP depends o n rally Gary_Fullett very good jp swetz it could have been DaveM shakeout Gary_Fullett it is DaveM would have Gary_Fullett but we can have clues DaveM had quick rally to recover swetz Joel - you da man too ::smile BBob so far we've been shanghaid ory distribution coming in Gary_Fullett well its only been a week Gary_Fullett i think the large volume Gary_Fullett break Gary_Fullett is truble some and prob not a sheou Gary_Fullett now Gary_Fullett do we have cause to sustain a down? kent I ain't asleep swetz, I'm thinking, lol Gary_W No swetz - your da man!! DaveM you know how to work a room steve DaveM lol JohnF had to look to subsequent reaction to judge whatever potential Sign of weakness/shakeout day actually was. Gary_Fullett this si key what i amgoing to disect swetz lol kent Gary_Fullett very good john Gary_Fullett did we have a Buying climax? ory so we are toppping out swetz lol Dave and GW JohnF wow my computer lagging bigtime kent no bc DaveM no Gary_Fullett btw the semianr info will be posted tomorw Kelley n DaveM no bc Gary_Fullett so no bc AllenH left. Gary_Fullett did we have a lack of demand? Kelley same here John kent mine too John DaveM yes kent had sot ory not looking at the same chart Gary_Fullett so if a lack of demand JohnF yes sot action Gary_Fullett we then had supply/ Gary_Fullett so this sot Gary_Fullett was a alck of demand? ory YYY YY BBob I believe that es wave chart shows lack of demand.. kent yes Gary_Fullett didnt we have alot of sot on the way up? DaveM i thought SOT needed heavy vol ? BBob nope dave kent not necessarily, Dave DaveM ok swetz on each buying wave, there was less demand JohnF many thought correction would come back down to trendline as previously BBob sot at a botom don't need volume kent yes, a lot of sots on way up, but had no supply swetz Nick's wave chart shows that but so does looking at SnP index DaveM i'm talking top i'm sorry swetz and NYSE volume JP sot with low volume at highs ~ lack of demand DaveM prior to supply day BBob either way dave swetz so there was a lack of demand I believe Gary_Fullett not can be both dave JP sot with volume at highs ~ distribution swetz and there was SOT Gary_Fullett very good kent DaveM ok thanks Joe_Kl Great comment Kent Gary_Fullett so if that sot Gary_Fullett was a alck of demand Gary_Fullett and this was supply kent :) ty Gary_Fullett the daily is in trouble DaveM i c jp thanks and you too bob Gary_Fullett was a great comment swetz kent - you are good at thinking ::smile Joe_Kl Really was Alvin position of close kent lol JohnF LOL Joe_Kl Important Gary_Fullett so the daily could be down Kelley stud H jp best commnent on a sot i have seen Alvin y H helped me thanks Gary_Fullett so... Joe_Kl I would treat this as a corrective break back UNTIL it becomes something more JP I have good teachers ~ JP h Gary_Fullett the what is the action lately tell u Gary_Fullett aftre the break on tuesday? H its a clue to me H gary JohnF reaction back up is weak. H highest vol day was on the break lower H thats a hugeeeeeeeee clue kent we've had a weak, low vol rally Joe_Kl After Break we have laorious Chopy corretive action Joe_Kl retracing swetz lack of demand Peter the latest action says still demand at these levels Joe_Kl laborious swetz type of rally JohnF demand has not stepped in... Gary_Fullett okay... Joe_Kl Well some did Larry no demand yet in this little raly Gary_Fullett so this action laterly Gary_Fullett is just to probabnaly dsitribtute more ory could it be C O B BBob it's only day three according to DAve's IBD friends..lol Joe_Kl Imp to understand 2 days ago Gary_Fullett and the sharp ralies are there to shakeot weak shorts JohnF lol bob Joe_Kl You rallied 20 from 1371 Gary_Fullett and to give ho[pe to longs Joe_Kl made new lo of 3 Joe_Kl rallied 20 Joe_Kl again rhonda .... Joe_Kl This was a reversal Gary_Fullett well hard to have demand Gary_Fullett after supply immediallty right Gary_Fullett no cause to sustaina rally is therE? Peter right DaveM what's the magic IBD number from the day one rally bob? 4 i think? ory Y Y kent nope swetz yes Dave Gary_Fullett ... so can expect demand Gary_Fullett where does demand come in sually DaveM ty Gary_Fullett usulaly froma tr situation swetz ::smile JohnF support. Gary_Fullett we get demand when we have soem caue built Gary_Fullett can getdmeand anywhere Joe_Kl When you see Supply wane like that, and 2 triggers fire, you know its retrace time JohnF oh. kent caue = cause JohnF whats soem kent???? JohnF lol JP how much does character of this move off the jluy lows play in evaluating this reaction ~ move up since July as been a grind really has it not ? kent some kent :) JohnF oh thanks, now i get it :) BBob 4 to 7 dave kent :) Joe_Kl This can be a huge shakeout on Monthly Joe_Kl Weekly DaveM ty bob Joe_Kl But we wont know until we know Support is re established Gary_Fullett now lets shoot to a monhtly chart Gary_Fullett u have done very itle Gary_Fullett if u borke 400 points at dow 6k Gary_Fullett its big Gary_Fullett but at down 12 k kent borke = broke Gary_Fullett differnt Gary_Fullett what is monthly trend? Joe_Kl agree Gary done very little Joe_Kl Up DaveM up Kelley up swetz down = DOW ::smile swetz been tutored by kent swetz ::smile DaveM snp up Gary_Fullett how about wekly kent lol JohnF lol sw DaveM broke demand line JohnF can you still say trend is up on this weekly?? Kelley weekly trend remains up JohnF ok. DaveM tl from june and oct los ory Goood call Kelley kent yes still uo, no bc yet kent up JohnF uo = up :) JP looks like a test of the november lows weekly snp swetz despite this terrible week last week, SnP has yet to make a lower swing high on weekly swetz ::smile kent if you put Amos's ma's of 5, 21, and 55, currently between the 21 and 55 ma on weekly, so still up Joe_Kl Dow Trend is UP Gary_Fullett so u have to look at the tiem frames Lady_K left. H oex is down JohnF Definitely a red flag though if you see highest recorded volume on some exchanges. H trend wise Joe_Kl until you start comprimising 1130-9697 Joe_Kl Dow Joe_Kl Trend IS UP ory markets look down H highest volume day was a huge wide bar downwards Gary_Fullett so Kelley y, agree John, mark that day Peter daily is the highest level with a broken trend, and it's in a TR.....possibly a distribution TR Gary_Fullett tiem frames is what i wanted to tell u Gary_Fullett which is why kent depends on your point of reference ory :) Gary_Fullett i started with the daily Gary_Fullett differnt perspective Joe_Kl Its a correction ory correct Kent Joe_Kl Not a Monthly Back Braker until you take out Monthly ICE and Monthly Treandline Joe_Kl Which YOU have not JohnF its kind of crazy though on the daily, it just shattered the trendline that it followed for some time. Joe_Kl Market needed this Joe_Kl badly Peter something similar occured in June 06, and the market made new highs...so keep that in mind Gary_Fullett sometimes u dont see the forest bettwen the trees JohnF ya good point peter/joe. DaveM lol just realized i was looking a stock sym SNP lol idiot kent went a long time without a good pullback, so it did need one Gary_Fullett and u get caught up in a smaller tiem frame Gary_Fullett like the daily DaveM quick take my money away...i'm dangerous JohnF lol dave. Kelley lol rhonda lol Joe_Kl Snp may trend higher Joe_Kl here Joe_Kl should Joe_Kl towards 1418-1438 Joe_Kl Unless today was UT Gary_Fullett i will tell u something else I saw Joe_Kl minor degree Gary_Fullett many stocks started down before Gary_Fullett the break Joe_Kl yep Gary_Fullett swetz told us one Joe_Kl Copper too Gary_Fullett in ibm Joe_Kl broke Joe_Kl prior JohnF and they are exibiting opposite behavior now?? Gary_Fullett why did metals and commodties break with stocks? H liquidity Joe_Kl Money Flows ory good question Gary JohnF the CM chinamen JP everyone went to cash Peter I just pulled up my old June 06 daily chart and it looks worse than the current daily chart:) H gold tanked in all of the big one day falls i have seen for a while now Joe_Kl Most are in 4-5 year Uptrends warren started with the yen Kelley inflation fears Joe_Kl together Joe_Kl Look at 99 DX Gary_Fullett right jp Joe_Kl and look at rest Gary_Fullett why to cash? H cash is king DaveM commmds are tied at the hip to stocks/economy H no ticky no laundry DaveM gary biwi protect cash Gary_Fullett because when traders are scared they gfo into cash Gary_Fullett or bonds JP transfer of risk out of what there were in on their way to donbds kent lol H DaveM stocks losing they take down metals and alike withe\ JohnF arent they usually inversely related though?? stocks in bull mode while commods arent?? Joe_Kl I think Snp still makes new Hi's H not any more john Gary_Fullett not always johgn H not now Joe_Kl later Gary_Fullett i discussed that today H mkt likes inflation now Gary_Fullett in the day class JohnF oh ok. sry i missed it. Gary_Fullett at certian junctures yes ory Thats a question on the series 6 test Joe_Kl Use Coffee as guide Joe_Kl lol Jerry left. H enuff to keep it balanced Gary_Fullett right handles H hey Gary_Fullett why does it liek inflation? H prices can rise H more margins ory ???? rhonda JonhF it is saved on Joes site for you to read Gary_Fullett right !!!! JohnF oh nice thank you. H more flexibility to raise earnings JohnF rhonda :) kent because we are in deep do do if we have dflation, like Japan had, lol rhonda yw Gary_Fullett for profit margins H but not too much Jerry joined. H need balance Gary_Fullett in a amture market right H Joe_Kl Look at premise Peter a small amount of inflation is good, keeps things moving forward, expansion, can rase prises, etc Gary_Fullett now in the early stages of a bull NO H if oil spike to 100 kent amture = mature H $ JohnF dont worry we have a retired GreenSPAM to breathe all over the place. H believe me mkts will be having trouble Joe_Kl If you see higher Cotton, Coffee, and grains whatever Cocoa, and such, do you think SnP tanks totally now ? H so will my suv Joe_Kl No Joe_Kl I do not H well it use to joe Gary_Fullett exxon makes more money Kelley agree Joe Joe_Kl So I treat SnP break as a nice correction Peter no Joe, they should all rise, some more than others Gary_Fullett at crude at 60 H in the 70's it did Gary_Fullett then crude at 20 Gary_Fullett i agree joe JohnF exxon makes more money than some countries. ory im loooking at it Gary_Fullett if any one u remeber Gary_Fullett it wa slast yr Gary_Fullett but I have a q for u Joe_Kl Again if Premise is SnP will follow with Commods JP commodity related stocks pulling the indexes up Joe_Kl Then Snp shouldnt be dead Gary_Fullett what do u think the sotck amrket does over the next 5-10 yrs? Joe_Kl yet ory Good night all JohnF night ory kent big TR JP n H no clue Kelley range bound Peter the should all move in the same direction, it's just a question of which is stronger Gary_Fullett why a tr? ory left. H next 10 yrs H no clue swetz NOBODY knows H i would say probability is it goes higher Joe_Kl I think 1-3 years finda a Hi and establishes Dist or Breaks then BBob dow 14000 kent it has had a big run up, needs a rest, lol JohnF i dont know but plan on playing it based off price/vol. Gary_Fullett do u think stocks wyckoff Gary_W I have trouble figuring out what it'll do tomorrrow let alonme the next 5-10 years Gary_Fullett is differnt than commodty wyckoff? kent lol gw H nope kent no Gary_Fullett so Joe_Kl They are Same Gary rhonda lol garyW Gary_Fullett we had a bear market Gary_Fullett we turne dup in 1981 1982 BBob pruden said Dow 14,000.. I believe it Gary_Fullett we had a run up Gary_Fullett till 2001 Gary_Fullett then we broke right? Joe_Kl yep kent y H yes Peter y JohnF yes. Kelley y Gary_Fullett im waiting for a yes from swetz rhonda lol JP eating Joe_Kl Toss a cookie out there kent he's busy eating cookies, lol JohnF ::angry BBob he's rading the cookie jar H he's eating an oreo Gary_Fullett lol Gary_Fullett so Peter he's eating, hands are full DaveM nose in tax returen H lol DaveM return kent ::biggrin Gary_Fullett we had a bull run for 19 yrs!!! Joe_Kl Mouth full both hands on glass of milk H thats about avg JP snort JohnF he'll do your taxes and get cookie crumbs all over them. H 20 yr bull runs H 7 yr bear mkts Kelley stacing them in front of monitor Kelley stacking rhonda lol Joe_Kl Found Mint plate Gary_Fullett so after a bull ruin for 19 yes Gary_Fullett what do u expct the market do to? Gary_Fullett contiue up? Joe_Kl Correct JP go up foreer Gary_Fullett after a major correction Kelley correct kent distribute. lol Gary_Fullett start down? JP forever H consolidate for a while DaveM rest Gary_Fullett we had a bc Gary_Fullett in the nasdaw Gary_Fullett no doubt H right Joe_Kl So retesting Gary_Fullett not realy in the s and p Gary_W It will correct either on price or value over time (i.e. trading range) Gary_Fullett so i excpect a trr for many yrs Peter go through the complete Wyckoff wave..accum though Markdown Gary_Fullett i think we have a large tr Joe_Kl Well your always in a TR Joe_Kl lol JP LOL JP rothflmao DaveM that makes snp TR 1500-800 DaveM tha't biiiggg DaveM monthly Gary_Fullett dont start joe Gary_Fullett amos mentioned he felt Gary_Fullett that the highs of the yr can be in Gary_Fullett what we should do Joe_Kl Even with SC BC Joe_Kl The Q is how far the TR expands swetz I hope this large TR is reaccumulation, otherwise SnP will be at 100 - lol Gary_Fullett is see where the dow will eb dec 31 Gary_Fullett and have a contest Gary_W If the previous all time high was 50 and you have broken out and are at 53 are you still in a trading range? JohnF lol Joe_Kl Gary its true Joe_Kl SnP has TR from 1000 to 15 and change Joe_Kl so far Joe_Kl 780 Joe_Kl Marking Dip Gary_Fullett so Gary_Fullett look for a large tr DaveM closest w/o going over get's 50% off seminar...lol Gary_Fullett over the next decade imho Joe_Kl My point is this JohnF well lets be master of the TR :) Peter in what timeframe Joe?, in an infinite timeframe you can have an infinite TR, but what does it buy you :) Joe_Kl If you say TR it cant make us money, unles we are with a trend on some bar Gary_Fullett i wanted to show u Joe_Kl Within the Hist TR Gary_Fullett the daily chart Gary_Fullett distorts Gary_Fullett the monthly chart on the s and p JP what if we take out the nasdaq highs with demand Gary_Fullett how we can have diffeernt views Peter hystory is infinite Peter history JP on ST Joe_Kl But market is not Peter Gary_Fullett and differnt possible trends Joe_Kl :) Gary_Fullett my typing wearing off eh Joe_Kl SnP wasnt around with Jesus Gary_Fullett lol Joe_Kl lol Gary_Fullett ues it was Peter the defined the ends and you have the end of the TR :) Gary_Fullett yes itr was JP would be a JOC no ? Joe_Kl Exactly Gary_Fullett do u know what s and p stands for? Joe_Kl Bravo JohnF there was a market back then.. Kelley std and poors Joe_Kl Standard and Hobo Poor JohnF standard and me. Joe_Kl lol Gary_Fullett samson and peter JP ? kent 11420 dow - dec 21 swetz Swetz and Peter ::smile H SnP represents our success as a society to re-invent Gary_Fullett so was arond lol JohnF lol sw Peter lol kent 31 kent lol Gary_Fullett please Gary_Fullett when u look at markest Gary_Fullett and u look at smaller tiem frames Gary_Fullett have the larger tome frame in mind alwasy Gary_Fullett u can get short sighted Gary_Fullett some like to trade Gary_Fullett on smaller tiem frames JP so we should buy and hold? Gary_Fullett and do well Gary_Fullett but always knwo the tiem frames H naw Gary_Fullett all phases Gary_Fullett u can be bullish monthly Gary_Fullett a and bearish daily noob joined. Joe_Kl For our purposes the TR is 1200-1550 Joe_Kl SnP JP k Joe_Kl Until one of these gets taken out H for the short termers.....employment numbers come out tommorow at 830am Peter weekly H enjoy em Joe_Kl Ya dont need 780 and below because your above 1130-1200 kent lol h Joe_Kl So go to last Sig Ice H hhahaha Joe_Kl and look up Peter for us curency holders the trade report also Kelley accurate numbers kent yeah, accurate numbers, lol Joe_Kl When is that currency deal Joe_Kl tom Joe_Kl Time ? kent 8:30 seatern kent eastern Joe_Kl Hmm H both of them then kent? Peter same time..as usual reports 5:30 PT, 8:30 ET.. Joe_Kl Any Stocks news ? kent yes Joe_Kl too ? kent grain report Joe_Kl hmm rhonda OK Night all see you tomorrow..Thanks Gary and Joe!! Joe_Kl Big day Joe_Kl maybe H i hate reports for stocks.....total bs rhonda ::smile Gary_Fullett okay any questions? kent gn Rhonda :) Joe_Kl report city H yes JohnF see ya rhonda Kelley gn Rhonda, ty Joe_Kl lol H report my tuchas Joe_Kl lol H gn guys Peter there are alwasy stock reports but tomorrow these 2 reports have the possibility of most reaction kent let the dust settle before you try anything, lol rhonda bye bye all biwi night rhond rhonda left. Jerry Have a good evening and week end all. H got to get up early....reports and all Gary_Fullett okay ty u all JohnF bye jerry H lo Joe_Kl Was employment today ? Gary_Fullett see u all tommorw night kent oyasumi Gary_Fullett ty joe Kelley ty Jerry, you to swetz cy Gary biwi lol handles Gary_Fullett thursday aere causaul nigfht Joe_Kl thanks Gary Gary_Fullett so open forum H speak in the am Art thks Gary and Joe , gn everyone Peter thank you Joe & Gary, good night everyone Gary_Fullett no set rules Joe_Kl I wore blue jeans Gary_Fullett thank u kent lol Gary_Fullett see u all tommorw H thanks rambo and gary Kelley Hammer writews the reports that make the whole world sing H shhh Art left. H kelley Gary_Fullett reports tommorw Larry ty Joe and Gary, good class H dont tell em Joe_Kl Swetz wore Wolf Wolf pajamas swetz I wore "Drunk Girls Dig Me" tshirt Gary_Fullett lots of risk Joe_Kl lol swetz ::smile Larry left. Gary_Fullett and volatiity tommorw kent lol Kelley, don't be a stranger Gary_Fullett be careful JohnF lol swetz noob kelley, who is Hammer? Kelley lol Gary_Fullett pateint biwi thanks Joe and Gary good night all H numbers will be CD bullish....i stole the report from the guys igloo just before..... DaveM take care guys/gals....bed time for davey Joe_Kl Count Yellek has pre reports in coffin noob next week will be volatile. options expiry Gary_Fullett left.